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vice-president biden told reporter he hopes that the bill gets through the house. >> you shouldn't predict how the senate will vote before they vote and you surely shouldn't predict the house vote. >> the senate bill would extend tax cuts for all workers . raises taxes on people above $40000. >> and extend unemployment benefits for two million. the house will take up the bill this morning and hopefully the chamber can pass it before the economy is rocked by the tax hikes. >> i feel good. >> president obama call would the senate vote the right thing to do for the country and encouraged the house to pass the bill right away. >> new defrom doctors treating hillary clinton on her blood clot. it is it collected between the brain and skull behind the right ear. they are treating her with blood thinners. last month she fell and got a concussion and that caused a blood clot and that is uncommon. but she is make excellent progress. >>> and san mateo; police are trying to figure out what caused a deadly shooting on lewis road at an apartment complex by the fair grounds. police found one man on the g
vice-president biden told reporter he hopes that the bill gets through the house. >> you shouldn't predict how the senate will vote before they vote and you surely shouldn't predict the house vote. >> the senate bill would extend tax cuts for all workers . raises taxes on people above $40000. >> and extend unemployment benefits for two million. the house will take up the bill this morning and hopefully the chamber can pass it before the economy is rocked by the tax hikes....
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Dec 27, 2012
12/12
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vice-president joe biden numbers are in line with the president. but the 4 percent approve of his job performance of 40 percent do not. for his lady michelle obama has a 73 percent approval rating. the outgoing secretary of state hillary clinton is also popular with a 66 percent approval rating. and the bal poll shows a majority of americans support stricter gun laws but most are against banning assault weapons. 58 percent of americans now say they support stricter gun laws that's up from 43% and october 2011. the american public is now split on enforcing existing laws instead of passing new ones. 40¢ per set of the public wants to enforce current laws while 47 once the legislation. this is a big law to ban assault weapons which is backed by president obama has not gained much support since october 2011. 44 percent support and assault weapons ban while 51 percent are against it. >> today 200 use of teachers will get the proper training to be able to carry a weapon. the utah shooting sports council said it would waive its $50 fee for concealed weap
vice-president joe biden numbers are in line with the president. but the 4 percent approve of his job performance of 40 percent do not. for his lady michelle obama has a 73 percent approval rating. the outgoing secretary of state hillary clinton is also popular with a 66 percent approval rating. and the bal poll shows a majority of americans support stricter gun laws but most are against banning assault weapons. 58 percent of americans now say they support stricter gun laws that's up from 43%...
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Dec 31, 2012
12/12
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KGO
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last night they were unable to make a counter offer to republicans, vice president biden was called in to break the ice. "good morning america" will have the latest at 7:00. >> number two, house fire in san francisco sent two to the hospital. two story structure on athens street was well involved by the time firefighters arrived before 1 this morning. a gas main ruptured crews were >> number three, secretary of state clinton, still in the hospital this morning. getting treated with blood thinners for a blood clot. the clot was found yesterday during a follow-up exam. the secretary suffered a concussion from a fall ii >> number four, stanford cardinal will make a final run through in pasadena opponent wisconsin appearing in its third straight rose bowl. they hope taylor will -- taylor -- >> number five, plenty of transit options from new year's eve revelry bart will run trains until 3:00 tomorrow morning, tree to ride muni 8:00 tonight -- free to ride muni 8:00 tonight. bart is not free. >>> bring a coat. >> great advice, chilly this evening as we head towards midnight frosty inland. li
last night they were unable to make a counter offer to republicans, vice president biden was called in to break the ice. "good morning america" will have the latest at 7:00. >> number two, house fire in san francisco sent two to the hospital. two story structure on athens street was well involved by the time firefighters arrived before 1 this morning. a gas main ruptured crews were >> number three, secretary of state clinton, still in the hospital this morning. getting...
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Dec 31, 2012
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senate leaders have called in vice president biden to try and jumpstart an ice breaker before higher taxes and deep cuts. the senate recon convenience 8:00 our time, stay tuned. -- we'll have the latest in 30 minutes. >>> leaders in the house and senate reached a deal on one thing, they'vekn%ñ agreed to extend the 2008 farm bill for one more year that expired in october. thistvp' means milk prices could have doubled to $7 a gallon next month. the deal prevents the government from returning to a prices. some call this the dairy cliff that now we are not going to have to fall off. >>> the notorious party night of new year's eve is hours away. law enforcement has already been cracking down on drunk drivers. chp arrested 123 people for dui over the weekend in the bay area that. number is down from the same time last year, when officers busted 161 drivers. there were no fatal crashes over the past two days this time last year. two people have been killed on bay area roads. >>> to help prevent you from getting a dui transportation companies are offering lots of perks for new year's eve if
senate leaders have called in vice president biden to try and jumpstart an ice breaker before higher taxes and deep cuts. the senate recon convenience 8:00 our time, stay tuned. -- we'll have the latest in 30 minutes. >>> leaders in the house and senate reached a deal on one thing, they'vekn%ñ agreed to extend the 2008 farm bill for one more year that expired in october. thistvp' means milk prices could have doubled to $7 a gallon next month. the deal prevents the government from...
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Jan 1, 2013
01/13
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KTVU
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vice-president joseph biden and senate republican leader mitch mcconnel called it a closer's deal and the two men were central to working this out. when vice-president joseph biden was there, he briefed fellow democrats and legs laying was drafted and individuals making more than deck -- legislation was drafted and families making more than $450,000 a year will see their taxes go up and while those automatic spending cuts are deferred until the beginning of march, it will provide savings. half will come from spending cuts and if you look at this full bill, it is bipartisan. final senate vote, 89-88, back to you. >>> and doctors say they expect secretary of state hillary rodham clinton to make a full recover after suffering a blood cloth. between the skull and behind her right ear, clinton is making excellent progress and is in good spirit. >>> a senate report found that the white house did not make major changes in the talking points in the administrations used but some are questioning whether they rewrote the statements for political reasons. >>> well, tonight vigils will be held in
vice-president joseph biden and senate republican leader mitch mcconnel called it a closer's deal and the two men were central to working this out. when vice-president joseph biden was there, he briefed fellow democrats and legs laying was drafted and individuals making more than deck -- legislation was drafted and families making more than $450,000 a year will see their taxes go up and while those automatic spending cuts are deferred until the beginning of march, it will provide savings. half...
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Dec 27, 2012
12/12
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the finding of a cnn poll. 52% approve the president's jo performance. 54% feel vice president joe biden is handling his job well. first lady michelle obama has the highest approval rating at 73%. >>> 5:09. coming up, this school gets our approval rating. ♪ [ music ] they are pretty good there. how they're teaching students with special needs how to find power in music. >> plus, a big rockslide leaves a mess for caltrans workers in big sur. how long it's going to take to clean up all those rocks and much. more when we come back. caltrans is still removing e rocks and making road repai after >>> now i'm stuck on this side of the rockslide. i can't get home. and i can't get to work where i'm meant to be in the next couple of hours. >> caltrans is still removing large rocks and making road repairs after a slide on highway 1 just a few miles south of big sur. >> the slide happened on sunday and since then a section has been completely closed. that's forced people who live or work in the area to make lengthy detours. today one lane will open temporarily at 3 different times at 8 a.m., noon
the finding of a cnn poll. 52% approve the president's jo performance. 54% feel vice president joe biden is handling his job well. first lady michelle obama has the highest approval rating at 73%. >>> 5:09. coming up, this school gets our approval rating. ♪ [ music ] they are pretty good there. how they're teaching students with special needs how to find power in music. >> plus, a big rockslide leaves a mess for caltrans workers in big sur. how long it's going to take to clean...
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Jan 1, 2013
01/13
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joe biden is at the capitol to brief democrats and there's a possibility the senate could vote tonight. the major remaining issue is how to make budget cuts. >> taxes will go up and the united states will ring in the new year by going over the fiscal cliff. it would increase the state tax, bring back higher tax rates on owners. >> our most immediate priority is to stop taxes going u pstarting tomorrow. i think that is a modest goal we can accomplish. >> reporter: they wanted taxes to go up on couples making $250,000. this deal is a concession as it increases on households. >> it has been clearly a g ood- faith negotiation. we all want to protect taxpayers and we can get it done now. >> reporter: a sticking point is a sequester. more than a trillion dollars in social programs, they say that the market needs structure and certainty, not haggling. it could take a hit if the deal falls a part. with higher taxes, california would spend less and tax r eceipts would drop. the loss of $11 billion in revenues in two years. the automatic spending cuts could affect thousands of jobs here in calif
joe biden is at the capitol to brief democrats and there's a possibility the senate could vote tonight. the major remaining issue is how to make budget cuts. >> taxes will go up and the united states will ring in the new year by going over the fiscal cliff. it would increase the state tax, bring back higher tax rates on owners. >> our most immediate priority is to stop taxes going u pstarting tomorrow. i think that is a modest goal we can accomplish. >> reporter: they wanted...
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Jan 1, 2013
01/13
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KRON
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joe biden went to capitol hill after they struck a deal. and they returned into session, at 2:00 a.m., the vote was cast. >> reporter: 89-8 vote, the spending cuts puts it on the brakes. with the bush era, it's maintained. senator harry reid. >> the middle class will wake up to date that their taxes will not go up 2002 hundred dollars each. and they will be able to help with groceries, rent. mitch mcconnell said that they agreed to the measure instead of letting the middle class suffer. >> we do not think that the taxes should go up on anybody. but if we did not do anything that they would be going up on everybody today. we were not going to let that happen. >> they are going to reconvene today. add pain. ed payne reporting. >>> doctors are treating secretary of state hillary clinton for a blood clot that formed in her head and they're confident she will make a full recovery. they say the blood clot did not cause a stroke, or any brain damage. the clot is located in the vein in the space between the brain and the skull behind the right ear.
joe biden went to capitol hill after they struck a deal. and they returned into session, at 2:00 a.m., the vote was cast. >> reporter: 89-8 vote, the spending cuts puts it on the brakes. with the bush era, it's maintained. senator harry reid. >> the middle class will wake up to date that their taxes will not go up 2002 hundred dollars each. and they will be able to help with groceries, rent. mitch mcconnell said that they agreed to the measure instead of letting the middle class...
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Dec 31, 2012
12/12
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. >> in unusual move republicans called for a no. 2 democrat, biden to help with negotiations as the white house places a lot of blame on the impasse. >> they say the bill biggest priority is we deal with the debit. their way is the only priority that tax breaks for wealth americans are protected. >> if a deal isn't reached, the president wants to introduce legislation to keep tax cuts for people earning more than 200 thousand a year. >> it wasn't only grid lock in washington. they are going to keep milk prices from rising next month. the agriculture secretary of state says without it we could pay $7 a gallon. >> >>> the woman charged for pushing a man from a platform on a subway train. the 31 year-old was quoted by the district attorney's office saying it would be cool pushing someone from a train. she blames the muslim, hindus and egyptian for the 911 attack. >>> a daring rescue that prevented tragedy. it was a rare christmas experience on the mountains of los angeles, fresh snow and ice for people that rarely see it. few seemed concerned until. >> we saw his arms flailing, someone
. >> in unusual move republicans called for a no. 2 democrat, biden to help with negotiations as the white house places a lot of blame on the impasse. >> they say the bill biggest priority is we deal with the debit. their way is the only priority that tax breaks for wealth americans are protected. >> if a deal isn't reached, the president wants to introduce legislation to keep tax cuts for people earning more than 200 thousand a year. >> it wasn't only grid lock in...
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Dec 28, 2012
12/12
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KRON
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convicted felon who served 17 years for killing his grandmother with a hammer >> vice-president joe biden has sworn in brian schatz as the country's newest senator. a 40 year-old brian schatz is replacing the late senator daniel inoute hawai i. hawaiis governor appointed schatz to the scene on wednesday. he formerly served as hawaiis with 10 and governor ann is a former hawaii and democrat party chairman a lawmaker. >>hawaiss governor says schatz is best position to help the state began to rebuilt its congressional seniority. >> will be right óó >> the moisture will not risk the ground. your own satellite and radar some light rain in the atmosphere. the system in northern california will continue to drive down. >> and a clot still nothing is mostly cloudy skies. as we push into the afternoon again, it is sitting offshore. i do not think or delay in. it is probably in the north bay in for the coast. this is running parallel to the coastline. earlier models did show some widespread rain everyone was getting a dose of it. the latest models are really starting to back off on those chances.
convicted felon who served 17 years for killing his grandmother with a hammer >> vice-president joe biden has sworn in brian schatz as the country's newest senator. a 40 year-old brian schatz is replacing the late senator daniel inoute hawai i. hawaiis governor appointed schatz to the scene on wednesday. he formerly served as hawaiis with 10 and governor ann is a former hawaii and democrat party chairman a lawmaker. >>hawaiss governor says schatz is best position to help the state...
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Jan 1, 2013
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>>reporter: biden swooped in at the 11th hour to hammer out a way forward with mcconnell. the agreement would permanently extend the bush tax cuts for individuals making under 40 400,000 holding making under 4 50,000. raise the estate tax valued at more than 5 million dollars and extend unemployment benefits for 1 year for some two million people. and those automatic spending cuts go into effect in the new year postponed for two months. and paid for by other spending cuts. house could take up the deal tomorrow. taxpayers would have felt the impact of the fiscal cliff immediately. if the deal passes afternoon american family avoid tax increase of more than 3400 dollars. . officials told that you say this is a compromise so we don't love it but it's the right thing to do for the economy. karen travers abc news washington. >> wreaths talk about the weather on the new year's eve. it's pretty chilly tonight. already is pretty chilly outside. already people are streaming in large numbers into the streets of san francisco ready for the fireworks display but it looks fairly clear.
>>reporter: biden swooped in at the 11th hour to hammer out a way forward with mcconnell. the agreement would permanently extend the bush tax cuts for individuals making under 40 400,000 holding making under 4 50,000. raise the estate tax valued at more than 5 million dollars and extend unemployment benefits for 1 year for some two million people. and those automatic spending cuts go into effect in the new year postponed for two months. and paid for by other spending cuts. house could...
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Dec 27, 2012
12/12
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KRON
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vice president joe biden's numbers are in line with the president. 54 percent approve of his job performance while 40 percent do not. first lady michelle, has a 73 percent approval rating. outgoing secretary of state hillary clinton is also popular with a 66 percent approval rating. >> a new gallup poll shows a majority of americans support starker gun laws but most are against banning assault weapons. 58 percent of americans now say the they support stricter gun laws. that is of from 43% in october 2011. the american public is now split on enforce existing gun laws instead of passing new ones. 46 percent of the public wants to enforce current loss of 47 percent want new legislation. the law to ban assault weapons which is backed by president obama has not gained much support since october 2011. 44 percent of people are supporting assault weapons ban while 51 percent are against it. >> a u.s. postal service mail carrier is accused of stealing thousands of pieces of mail and giving stolen credit cards to friends while he returns court today. the man pleaded not guilty to several charges of id
vice president joe biden's numbers are in line with the president. 54 percent approve of his job performance while 40 percent do not. first lady michelle, has a 73 percent approval rating. outgoing secretary of state hillary clinton is also popular with a 66 percent approval rating. >> a new gallup poll shows a majority of americans support starker gun laws but most are against banning assault weapons. 58 percent of americans now say the they support stricter gun laws. that is of from 43%...
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Jan 1, 2013
01/13
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KTVU
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vice-president joseph biden went to capitol hill after senate leaders struck a deal with the white house. the senate went back into session and around 2:00 a.m. they had a bill. >> as amended, it was passed. >> reporter: they put off spending cuts for two months and keeps off bush tax cuts for people earning less than $450,000. senator harry reid said their goal was to protect america's middle-class. >> middle-class families will wake up today to the assurance their taxes will not go up 2,200 dollars each. they will have the certainty of how they will pay for groceries and car payments all during next year. >> mitch mcconnel agreed to the measure rather than let the middle-class suffer. >> we don't think they should be going up on everyone but we all knew if we didn't come to an agreement it would go up on everyone and we were not going to let that happen. >> the bill will also extend joplin less benefits and everything matters with the house of representatives when it reconvene this morning. >>> the president said while neither democrats nor republicans got everything they wanted, this
vice-president joseph biden went to capitol hill after senate leaders struck a deal with the white house. the senate went back into session and around 2:00 a.m. they had a bill. >> as amended, it was passed. >> reporter: they put off spending cuts for two months and keeps off bush tax cuts for people earning less than $450,000. senator harry reid said their goal was to protect america's middle-class. >> middle-class families will wake up today to the assurance their taxes will...
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Dec 31, 2012
12/12
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KGO
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the deal on table brokered mostly by mcconnell and biden overnight, would delay those spending cuts for three months. some democrats have said they want them delayed one year. >> still issues left to resolve. but we're hopeful that congress can get it done. it is not done. and so, part of the reason that i wanted to speak to all of you here today is to make sure that we emphasize, to congress, and that members of both parties understand that all across america this is a pressing concern on people's minds. >> reporter: again, on the issue of tax increases and who constitutes the wealthiest of americans. the president was originally pitching a threshold of $250,000 a year in income. republicans wanted to see that as high as one million dollars. the deadline is midnight eastern time. keep in mind, even if congress misses that deadline they can put off the tax increases or refund them retroactively. katie marzullo, abc7 news. >>> a lot of us worried about our wallets. one item that won't fall off the cliff is milk. committees agreed to one year extension of the farm bill. committee approval
the deal on table brokered mostly by mcconnell and biden overnight, would delay those spending cuts for three months. some democrats have said they want them delayed one year. >> still issues left to resolve. but we're hopeful that congress can get it done. it is not done. and so, part of the reason that i wanted to speak to all of you here today is to make sure that we emphasize, to congress, and that members of both parties understand that all across america this is a pressing concern...
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>>reporter: biden swooped in at the 11th hour to hammer out an agreement. that would permanently extend the bush tax cut for individual making under 400,000. household making under 4 50,000. raise estate tax for those value at more than 5 million dollars. and extend unemployment benefits for one year for some two million people. those automatic spending cuts go into effect in the new year, they will be postponed for two months. and paid for by other spending cuts. the house could take up the deal tomorrow. taxpayers would have felt the impact of the cliff medley. if the deal passes the average american family would avoid a tax increase of more than 3400 dollars. . officials told us tonight this is a row compromise so we don't love it but it's the right thing to do for the economy. abc news washington. >> tens of thousands of people packing the san francisco waterfront tonight. worry about the fiscal khiv some other time. live look embarcadero from the 7 news roof top camera. it is packed with new year's eve revellers ready for the fireworks. john is right t
>>reporter: biden swooped in at the 11th hour to hammer out an agreement. that would permanently extend the bush tax cut for individual making under 400,000. household making under 4 50,000. raise estate tax for those value at more than 5 million dollars. and extend unemployment benefits for one year for some two million people. those automatic spending cuts go into effect in the new year, they will be postponed for two months. and paid for by other spending cuts. the house could take up...
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Jan 1, 2013
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. >> three hours before the midnight dead line senate minority leader mitch mcconnel and joe biden emerge with taxing and spending. >> this is a mini cliff, big cliff still lies in front of us. big cliff. >> reporter: president obama had scolded congress for waiting so long. >> one thing we can count on with respect to this congress is that if there's even one second left before you have to do what you're supposed to do, they will use that last second. >> reporter: the bush era tax cuts remain in place for individuals earning as much as $400,000 a year and families $450,000 a year. far above the $250,000 on which president obama campaigned. those making more will see higher income taxes, capital gains and dividends rates. san francisco tax attorney rob wood says you will notice on the paycheck one popular tax cut will be history. >> say the average person earning $1,500 a year will earn $20 more in tax increases. >> reporter: it extends unemployment benefits for one year and keep the child tax credit for workers who don't earn enough to pay income taxes. and the alternative minimum tax go
. >> three hours before the midnight dead line senate minority leader mitch mcconnel and joe biden emerge with taxing and spending. >> this is a mini cliff, big cliff still lies in front of us. big cliff. >> reporter: president obama had scolded congress for waiting so long. >> one thing we can count on with respect to this congress is that if there's even one second left before you have to do what you're supposed to do, they will use that last second. >> reporter:...
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Jan 1, 2013
01/13
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just over two hours and once the house passes it, if they do pass it, we saw vice-president joseph biden on capitol hill and that was the key signal that negotiators had struck a deal. senate leader and mission mcconnel -- mitch mcconnel was working out the compromise when vice-president joseph biden was on the hill he talked with fellow democrats and briefed them and legs laying was drafted. we now know -- legislation was drafted. we now know families making more than 450,000 dollars a year will see their taxes go up and while those automatic spending cuts are deferred until the beginning of march, the bill does provide for $24 billion in savings over the next 2 months. half will come from revenue and a half comes from the house and 89 voted for and 88 voted against it. >>> vigils will be held in two east bay communities for a young woman in india who died after being gang raped. it sparked outrage calling for more protection for women. and starting at the hundred due temple and in oakland people will gather in recognition of all victims of rape. >>> doctors say they expect secretary of
just over two hours and once the house passes it, if they do pass it, we saw vice-president joseph biden on capitol hill and that was the key signal that negotiators had struck a deal. senate leader and mission mcconnel -- mitch mcconnel was working out the compromise when vice-president joseph biden was on the hill he talked with fellow democrats and briefed them and legs laying was drafted. we now know -- legislation was drafted. we now know families making more than 450,000 dollars a year...
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Dec 31, 2012
12/12
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KOFY
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the deal on table brokered mostly by mcconnell and biden overnight, would delay those spending cuts for three months. some democrats have said they want them delayed one year. >> still issues left to resolve. but we're hopeful that congress can get it done. it is not done. and so, part of the reason that i wanted to speak to all of you here today is to make sure that we emphasize, to congress, and that members of both parties understand that all across america this is a pressing concern on people's minds. >> reporter: again, on the issue of tax increases and who constitutes the wealthiest of americans. the president was originally pitching a threshold of $250,000 a year in income. republicans wanted to see that as high as one million dollars. the deadline is midnight eastern time. keep in mind, even if congress misses that deadline they can put off the tax increases or refund them retroactively. katie marzullo, abc7 news. >>> a lot of us worried about our wallets. one item that won't fall off the cliff is milk. committees agreed to one year extension of the farm bill. committee approval
the deal on table brokered mostly by mcconnell and biden overnight, would delay those spending cuts for three months. some democrats have said they want them delayed one year. >> still issues left to resolve. but we're hopeful that congress can get it done. it is not done. and so, part of the reason that i wanted to speak to all of you here today is to make sure that we emphasize, to congress, and that members of both parties understand that all across america this is a pressing concern...
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vice-president joe biden number is wet and art but in line with the president. 54 percent approved is the performance of 40 percent do not. presley michelle about has a 73 percent approval rating. >> and delta also the majority of americans support stricter gun laws but mostly against banning assault weapons. 58 percent of americans now say they support stricter gun laws and that is up from 43% in october 2011. the american public is split on enforcing existing gun laws instead of passing new ones 46% of the public wants and forced her loss of 47 once new legislation. education officials and officials at santa cruz city schools are expected to consider a resolution next month calling for stricter national gun-control laws. the school board's vice president is drafting a symbolic statement calling for a ban on assault weapons and high capacity ammunitions nationwide. the vice president is also asking for greater state and federal investment and mental health care. police shut down 37 street between market and linden street and evacuate to the place to after someone wanted to turn and s
vice-president joe biden number is wet and art but in line with the president. 54 percent approved is the performance of 40 percent do not. presley michelle about has a 73 percent approval rating. >> and delta also the majority of americans support stricter gun laws but mostly against banning assault weapons. 58 percent of americans now say they support stricter gun laws and that is up from 43% in october 2011. the american public is split on enforcing existing gun laws instead of passing...
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Dec 31, 2012
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move republicans here on capitol hill called on the nation's number 2 democrat, vice president joe biden, to help in negotiations, this as the white house puts the blame on the impasse on the gop. >> they say the biggest priority is making sure we deal with the deficit in a serious way. the way they are behaving is the only priority is making sure tax breaks for the wealthiest americans are protected. >> reporter: if a deal is not reached the president wants controlled senate to introduce legislation to keep tax cuts for couples earning up to $250,000 a year and keep unemployment benefits. here is an example of the move: the house speaker's last offer was maintaining tax cuts for $1 million or more or less, rather, the president was saying it has to be $250,000 or less. now democrats numberses moved up to possibly 350,000 or $400,000, so, they are coming closer. they just are not there yet. reporting live in washington, back to you, ann. >> you talk about movement but let's say we go off of the cliff, when what happens in washington? can the new congress take action to avoid the difficul
move republicans here on capitol hill called on the nation's number 2 democrat, vice president joe biden, to help in negotiations, this as the white house puts the blame on the impasse on the gop. >> they say the biggest priority is making sure we deal with the deficit in a serious way. the way they are behaving is the only priority is making sure tax breaks for the wealthiest americans are protected. >> reporter: if a deal is not reached the president wants controlled senate to...
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Dec 31, 2012
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. >> in an unusual move, republicans called on the nation's number 2 democrat, vice president joe biden to help with the negotiation. >> >> they say the biggest thing is taking care of the deficit. the way they are behaving the only priority is tax rates for wealthiest americans are protected. >> >> reporter: if the deal is not reached they want the senate to introduce legislation to keep the tax credit for $250,000 a year and keep unemployment benefits, back to you. >> it was not all gridlock in washington, though, both parties were able to agree to a one-year extension of the farm bill that expired in october. once it is passed the bill extends the threat of milk prices doubling next month. consumers were facing the prospect of paying $7 a gallon if the dairy program lapsed. >> reporter: you can keep tabs on the if fiscal cliff talk, 24/7 bilogging on to our web site, cbssf.com. >>> checking bay area headlines, the police still searching for the police who mugged a woman and killed her dog. the woman was looking for her cell phone in her car in the tender loin on friday when a man att
. >> in an unusual move, republicans called on the nation's number 2 democrat, vice president joe biden to help with the negotiation. >> >> they say the biggest thing is taking care of the deficit. the way they are behaving the only priority is tax rates for wealthiest americans are protected. >> >> reporter: if the deal is not reached they want the senate to introduce legislation to keep the tax credit for $250,000 a year and keep unemployment benefits, back to...
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. >> in an unusual move republicans here on capitol hill called on the nation's number 2 democrat, biden, to help with the negotiations, this has at white house places a lot of the blame on the g.o.p. >> they say their biggest prierity is making sure we deal with the deficit but the way we are behaving their only priority is making sure that tax breaks are protected. >> reporter: if a deal is not reached the president wants the democratic-controlled senate to introduce legislation to keep tax cuts for $250,000 a year and keep unemployment benefits. now, the focus is is on the senate. -- focus is on the senate. if by a miracle they reach an agreement there is no certainty that it will be passed by the house. with each passing hour optimism is phasing. reporting live in washington. back to you, ann. >> i think a lot of us have been thinking really there was going to be a last-minute deal. sort of a play unfolding. that is too optimistic now? people are thinking it may not happen? >> reporter: well, you know, it is going to take a lot to come up with an agreement. i mean just look at how lo
. >> in an unusual move republicans here on capitol hill called on the nation's number 2 democrat, biden, to help with the negotiations, this has at white house places a lot of the blame on the g.o.p. >> they say their biggest prierity is making sure we deal with the deficit but the way we are behaving their only priority is making sure that tax breaks are protected. >> reporter: if a deal is not reached the president wants the democratic-controlled senate to introduce...
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three hours before the midnight deadline, senate majority leader mitch mcconnell and vice president joe biden emerged with a compromise on taxes and agreed to wait on slashing spending. >> this was the mini cliff. the big cliff still lies in front of us. >> reporter: president obama had scolded congress for waiting so long. >> one thing we can count on with respect to this congress is that if there's even one second left before you have to do what you're supposed to do, they will use that last second. >> reporter: the bush-era tax cuts remain in place for individuals earning as much as $400,000 a year, far above the 250,000 level on which president obama campaigned. but those making more will see higher income taxes, capital gains, plus a new health care reform surtax. rob wood says you'll notice in your paycheck one popular tax cut will be history. >> the average person, say, earning $50,000 a year is going to pay about $1,000 more in payroll taxes in 2013. >> reporter: the fiscal cliff agreement also increases taxes on estates worth more than $5 million and extends unemployment benefits for
three hours before the midnight deadline, senate majority leader mitch mcconnell and vice president joe biden emerged with a compromise on taxes and agreed to wait on slashing spending. >> this was the mini cliff. the big cliff still lies in front of us. >> reporter: president obama had scolded congress for waiting so long. >> one thing we can count on with respect to this congress is that if there's even one second left before you have to do what you're supposed to do, they...
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but i need a dance partner it >> reporter: white house officials say vice president biden is now playing a direct role in the talks. two parties remain at odds over the automatic across the board cuts to programs of defense. also divide on taxes. white house wants to raise tax rates on people making more than $250,000 a year. republicans would like to keep the estate tax from going up. >> if we are not able to reach an agreement, it would be dire. >> reporter: if there is no deal today, the average american family will see a tax hike of $3400. tahman bradley, abc7 news. >> -- any chance a deal might include retiring the country's debt? >> reporter: slim to none. republicans and president obama will be fighting about the debt next year. republicans wanting to use the debt ceiling as a bargaining tool. we might be back again seeing a fight like this next year. >> tahman bradley, thank you. >>> minimum wage workers in san francisco are getting a raise in the new year. the minimum wage is increasing from $10.24 to $10.55. in;a(j 2003 voters approved ordinance tying minimum wage to inflation
but i need a dance partner it >> reporter: white house officials say vice president biden is now playing a direct role in the talks. two parties remain at odds over the automatic across the board cuts to programs of defense. also divide on taxes. white house wants to raise tax rates on people making more than $250,000 a year. republicans would like to keep the estate tax from going up. >> if we are not able to reach an agreement, it would be dire. >> reporter: if there is no...
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vice president joe biden arrived at the capital building after negotiating a deal with senate minority leader mitch mcconnell. the senate is expected to vote on the deal in the next few hours and the house will debate the measure tomorrow. there are no details just yet on which tax increases or spending cuts would be included in the deal. >>> less than 6 hours till 2013. >> john fowler is in san francisco where huge crowds are expected to watch fire work ons a beautiful but cold night. >> reporter: beautiful indeed. take you -- look -- look at the bay bridge lights. clear here tonight. this is a wonderful night to view fire works. they put up barricades at the ferry building. the prime spot for viewing fire works. >> it will be good. yeah. we came out here last year and it was nice. >> reporter: no stopping here on the embarcadero. they should have a great view with no parking problem. the new year dawned at midnight moscow time. noon in the bay area. discovery center. we found a family friendly noon- year's eve party. music, dancing. 2100 parents and kids. >> great opportunity for the
vice president joe biden arrived at the capital building after negotiating a deal with senate minority leader mitch mcconnell. the senate is expected to vote on the deal in the next few hours and the house will debate the measure tomorrow. there are no details just yet on which tax increases or spending cuts would be included in the deal. >>> less than 6 hours till 2013. >> john fowler is in san francisco where huge crowds are expected to watch fire work ons a beautiful but cold...
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senate minority leader mitch is talking with joe biden to come up with a solution. if nothing is resolved by midnight tonight tax rates for all americans will increase. >> going to work with whoever. whoever can help. there ask no single issue that remains an impossible sticking point. >> if everyone is sincere in i saying they want the middle class to be protected, we can get a deal here. >> if congress doesn't immediate the midnight deadline lawmakers will have a grace period. so far the irs has not told employers to change the amount of income taxes they withhold from employees paychecks. with all the focus on the fiscal cliff. leaders from the house and senate agricultural committees agreed to a one-year extension of the expiring u.s. farm bill. so far there is no house vote scheduled. without passage of the bill milk prices could double. a gallon of milk could go up to $8 a gallon. >>> three people are recovering after a car crashed into a funeral home. police say it appears two teens were racing when they lost control and crashed their car into the building. >
senate minority leader mitch is talking with joe biden to come up with a solution. if nothing is resolved by midnight tonight tax rates for all americans will increase. >> going to work with whoever. whoever can help. there ask no single issue that remains an impossible sticking point. >> if everyone is sincere in i saying they want the middle class to be protected, we can get a deal here. >> if congress doesn't immediate the midnight deadline lawmakers will have a grace...
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vo --una noche en la que el vice-presidente joe biden acudi al capitolio para presentar el plan ante sus compaÑeros del partido demcrata. --sin embargo, aunque el senado podra votar sobre la medida en breve, la cmara de representant es se march a casa antes de la medianoche, lo que significa que el congreso no podr aprobar nada antes de que entren en vigor los aumentos de impuestos que se queran evitar, al menos sobre el papel. --al parecer, la propuesta del senado extendera los recortes fiscales por 2 meses y mantendra las rebajas impositivas a los individuos que ganan menos de 400 mil dlares, o a las parejas que tienen ingresos menores a los 450 mil dlares. blanca en informacion local --en el ltimo da del 2012, san jos registr su homicidio nmero 46, incrementado lo que ya era un rcord en 20 aÑos. --la polica est divulgando pocos detalles, pero varias fuentes dicen que se trat de un ladrn que fue sorprendido en el acto. take 2 box --jaime peluffo en vivo nos trae los detalles.. jaime.. :01 - :06 :11 - :20 21: 26 :59 1:06 1:13 - 1:20 1:24 - 1:29 peluffo blanca, la polica est ---una
vo --una noche en la que el vice-presidente joe biden acudi al capitolio para presentar el plan ante sus compaÑeros del partido demcrata. --sin embargo, aunque el senado podra votar sobre la medida en breve, la cmara de representant es se march a casa antes de la medianoche, lo que significa que el congreso no podr aprobar nada antes de que entren en vigor los aumentos de impuestos que se queran evitar, al menos sobre el papel. --al parecer, la propuesta del senado extendera los recortes...
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joe biden is that person. top-level resources stated that the two were talking and if nothing is resolved by midnight then the taxes will increase for everyone. >> one mom and mexican stated that this is about 1 months of groceries. >> democrats want the tax is to be raised for people making too much as $50,000 a year more. other people want to see government spending put in check. >> the president is doing nothing about the eviction of his administration. he is the spender in chief. >> i offered over a trillion dollars in addition to spending cuts. this is a way that we can have increased revenue. >> the senate recompense at 11:00 a.m. so as americans celebrate 2013, they may wake up and state that they wish it was still 2012 when they had more money in their pockets. >> secretary of state and hillary clinton has been hospitalized with a blood clot. doctors say that this is a medical problem related to a concussion that she recently suffered. the blood clot was filed found yesterday door a follow-up medical v
joe biden is that person. top-level resources stated that the two were talking and if nothing is resolved by midnight then the taxes will increase for everyone. >> one mom and mexican stated that this is about 1 months of groceries. >> democrats want the tax is to be raised for people making too much as $50,000 a year more. other people want to see government spending put in check. >> the president is doing nothing about the eviction of his administration. he is the spender in...
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. >> reporter: vice president joe biden is apparently that person for senate minority leader mitch mcconnell. top level sources say the two are taking over talks. if nothing is resolved by midnight, tax rates for all americans will increase and democrats say it means about $2,000 for the average middle class family. >> one mom said to me in michigan, that's four months groceries. that's commuting back and forth to work and gas for up to three years. i mean, that's a lot of money. >> reporter: democrats want higher taxes on families earning $250,000 a year and over. republicans want tax rates to stay where they are. taxes seem to be the biggest obstacle to a compromise but others want to government -- others want to see government spending put in check. >> the president is doing nothing about the addiction that his administration, he is the spender in chief. >> reporter: president obama says he is willing to do that. >> i offered over a trillion dollars in additional spending cuts so we would have $2 cuts for every $1 of increased revenue. >> senate is in recess. >> reporter: the senate recon
. >> reporter: vice president joe biden is apparently that person for senate minority leader mitch mcconnell. top level sources say the two are taking over talks. if nothing is resolved by midnight, tax rates for all americans will increase and democrats say it means about $2,000 for the average middle class family. >> one mom said to me in michigan, that's four months groceries. that's commuting back and forth to work and gas for up to three years. i mean, that's a lot of money....
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the weekend, the senate's two top leaders couldn't work out a deal, so they asked vice president joe biden to step in and try to help. and with just hours to go until this deadline, it's unclear if we'll see a deal today. lawmakers left the capital sunday night without a deal but leaders from both parties expressed their willingness to continue working. >> there's still significant distance between the two sides. but negotiations continue. >> i want everyone to know i'm willing to get this done, but i need a dance partner. >> reporter: some progress was made sunday when republicans dropped a proposal to slow social security growth. but the main sticking upon the between democrats and republicans continues to be over the threshold of tax increases. president obama campaigned on raising taxes on income over $250,000. while many congressional republicans have pushed back against any tax increases. president obama is placing the blame for the impasse on the gop. >> they say that their biggest priority is making sure we deal with the deficit in a serious way. but the way they're behaving is tha
the weekend, the senate's two top leaders couldn't work out a deal, so they asked vice president joe biden to step in and try to help. and with just hours to go until this deadline, it's unclear if we'll see a deal today. lawmakers left the capital sunday night without a deal but leaders from both parties expressed their willingness to continue working. >> there's still significant distance between the two sides. but negotiations continue. >> i want everyone to know i'm willing to...
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that was a vice president joe biden. top level resources stated that they are trying to get things resolved by midnight tonight. if no progress is done than the taxes will be increased. >> this is just commuting back and forth to work together. this is a lot of money. the dilemma kress stated that families the democrats want taxes to be increased for people that are making over to london and $50,000. >> president obama stated that he will do that. i offered over a trillion dollars in addition and spending cuts. so this what we could have $2 to spend for each $1. >> the senate reconvenes at 11:00 a.m. and as americans celebrate 2013 they may wish that it was 2012 when they had more money in their pockets. >> secretary of state hillary clinton has been hospitalized with a blood clot. doctors said that this is a medical problem related to a concussion that she recently suffered. the blood clot was found s yesterday during a follow-up medical visit. these are ariels of new york presbyterian hospital where mrs. clinton is sam
that was a vice president joe biden. top level resources stated that they are trying to get things resolved by midnight tonight. if no progress is done than the taxes will be increased. >> this is just commuting back and forth to work together. this is a lot of money. the dilemma kress stated that families the democrats want taxes to be increased for people that are making over to london and $50,000. >> president obama stated that he will do that. i offered over a trillion dollars...
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and we've learn that had biden and senate republican leader mitch mcconnell reached an agreement just minutes ago. abc 7 news mark matthews is monitoring developments in washington and will be bringing us latest developments. >> still to come at 6:00 it's in the bag. the bay area folks about to see big changes when they hit the checkout stand tomorrow, is that you?. >> did you receive a new cell phone for the holidays? i've got an idea on what to do with the old phone. put to it good use. i'm michael finney. 7 on your side is coming up. >> they're cutting edge. i think they're doing things differently going shake up the world. >> the young businessman making a name for themselves in wine country. they're not afraid of labels. >>> anybodying to the grocery store tomorrow is going to mts a big change. new year's day marks the end of the plastic bag in stores there. abc 7 news joins us from oakland. this is a growing trend around the bay and the nation it is. there is some debate about how % whit comes to the environmental benefits, that said, most think it's a good idea. if they can onl
and we've learn that had biden and senate republican leader mitch mcconnell reached an agreement just minutes ago. abc 7 news mark matthews is monitoring developments in washington and will be bringing us latest developments. >> still to come at 6:00 it's in the bag. the bay area folks about to see big changes when they hit the checkout stand tomorrow, is that you?. >> did you receive a new cell phone for the holidays? i've got an idea on what to do with the old phone. put to it...
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. >> reporter: vice president joe biden and senate minority leader mitch mcconnell have been trying to hammer out a last-minute agreement. they have agreed on a few issues, but both sides are making concessions. if the deal passes? >> it looks like democrats will keep popular items like a five-year extension on the child tax credit. it's for workers who do not earn enough to pay income taxes. also, the refundable credit for parents who have kids going to college should stay in place. that would help families pay for tuition costs that continue to rise across the nation. and for healthcare providers who treat medicare patients, about $30 billion will be expected to help pay the costs for at least one more year. but what most of us will have to pay, the payroll tax for social security. it is going up 2% starting tomorrow and that means if you earn $100,000 a year, you'll pay an extra $2,000 next year out of your paycheck. so it is possible but not probable that the senate will voted. the house is scheduled to reconvene tomorrow at noon so we are definitely going over the "fiscal cliff."
. >> reporter: vice president joe biden and senate minority leader mitch mcconnell have been trying to hammer out a last-minute agreement. they have agreed on a few issues, but both sides are making concessions. if the deal passes? >> it looks like democrats will keep popular items like a five-year extension on the child tax credit. it's for workers who do not earn enough to pay income taxes. also, the refundable credit for parents who have kids going to college should stay in...
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rich mcconnell has reached out to vice president joe biden in hopes of breaking the impasse. with just hours yet to go, congress has yet to reach a deal on the fiscal cliff. the senate does reconvene at 11:00 a.m. this morn, monday. i'm veronica delacruz, let's get you back to the program. >>> take a ride on any prostitution track in any big city in america and you'll see waves of young women trading their bodies for quick cash. but what you don't see is the pain and despair burning inside many of these girls who are often coping with the fallout from child sexual abuse. >> i was sexually abused four times by the time i was 10. >> like many of the women and young girls forced to strip or perform sex acts for money, raleigh was a good kid whose innocent childhood was suddenly cut short by sexual abuse. >> if it's continuously happening to you like it was to me, you start to feel like what are you good for, what are you here for? i sometimes used to ask myself in the mirror, why am i here? >> she started ditching school. her grades sunk. >> raleigh's mother, jean, reached her w
rich mcconnell has reached out to vice president joe biden in hopes of breaking the impasse. with just hours yet to go, congress has yet to reach a deal on the fiscal cliff. the senate does reconvene at 11:00 a.m. this morn, monday. i'm veronica delacruz, let's get you back to the program. >>> take a ride on any prostitution track in any big city in america and you'll see waves of young women trading their bodies for quick cash. but what you don't see is the pain and despair burning...
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late monday evening vice president joe biden and senator harry read headed to the capitol to brief democrats on a deal worked out between congressional leaders and the white house to prevent across the board spending cuts and tax hikes. >> i think that this is a modest goal that we connect ambush. democrats, republicans in congress set to get this done. this is a modest goal that we can accomplish. >> reporter: for a tax hike for couples earning more than 450-thousand dollars a year. that's a compromise. between what the president wanted and what republicans wanted. the deal also calls for the extension of unemployment benefits and sources say the deal also delays by two months the automatic across the board spending cuts. that two month delay will end up being payed for half with tax revenue and half wiwith spending cuts. for some this is a way to get this legislation through. for others it's a matter of kicking the can down the road. and delaying the tough choices for another day. >>> now the senate is expected to vote tonight, if they can get the bill drafted in time. if it passes it goes
late monday evening vice president joe biden and senator harry read headed to the capitol to brief democrats on a deal worked out between congressional leaders and the white house to prevent across the board spending cuts and tax hikes. >> i think that this is a modest goal that we connect ambush. democrats, republicans in congress set to get this done. this is a modest goal that we can accomplish. >> reporter: for a tax hike for couples earning more than 450-thousand dollars a...
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senate republican leader mitch mcconnell said his mcconnthe-clock negotiations with vice president biden had t id off. >> i can report that we've reached an agreement on all of the tax -- the tax -- issues. >> reporter: first and foremost, the bush era tax cuts. ohe two sides agreed to extend them permanently for all household income under $400,000 a year for individuals, $450,000 foear for families. egotiators also agreed to prevent the alternative minimum tax on the wealthy from hitting and ions of middle class families every year by permanently adjusting it to inflation. and they agreed to hike the estate tax rate from 35% to 40%, but the first $5 million worth of inheritance would be exempt from taxation permanently. the breakthrough prompted relief inr many, including connecticut enator joe lieberman. >> i hope the negotiations going n now end with an agreement and h hope that we will pass it with a bipartisan majority, strong bipartisan majority in the useate and the house. ,> reporter: but others, chiefly ere angrans, were angry that the deal did not include a serious ndckage of s
senate republican leader mitch mcconnell said his mcconnthe-clock negotiations with vice president biden had t id off. >> i can report that we've reached an agreement on all of the tax -- the tax -- issues. >> reporter: first and foremost, the bush era tax cuts. ohe two sides agreed to extend them permanently for all household income under $400,000 a year for individuals, $450,000 foear for families. egotiators also agreed to prevent the alternative minimum tax on the wealthy from...
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. >> reporter: vice president joe biden and senate minority leader mitch mcconnell have been trying to hammer out a last-minute agreement. they have agreed on a few issues but both sides are making concessions. if the deal passes, it looks like democrats will keep popular items like a five-year extension on the child tax credit. it's for workers who do not earn enough to pay income taxes. also, the refundable credit for parents who have children going to college should stay in place. that would help families pay for tuition costs that continue to rise across the nation. and for healthcare providers who treat medicare patients, about $30 billion will be expected to help pay the costs for at least one more year. but what most of us will have to pay, the payroll tax forestial security. it is going up 2 points starting tomorrow. and that means if you earn $100,000 a year, you will pay an extra $2,000 next year out of your paycheck. now, we're still baiting to hear details on the deal between the white house and the gop but what we do know is that we get a little bit of a reprieve because t
. >> reporter: vice president joe biden and senate minority leader mitch mcconnell have been trying to hammer out a last-minute agreement. they have agreed on a few issues but both sides are making concessions. if the deal passes, it looks like democrats will keep popular items like a five-year extension on the child tax credit. it's for workers who do not earn enough to pay income taxes. also, the refundable credit for parents who have children going to college should stay in place. that...
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Dec 28, 2012
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. >> reporter: vice president biden made a rare appearance in the senate, not to negotiate -- >> i do. >> congratulations, senator. >> reporter: but to swear in a new democratic senator from hawaii. a vote the white house will need if the senate ever gets around to voting on a plan to avert the fiscal cliff. in the house, even less going on. the only hopeful words, from the house chaplain, looking for some divine help. >> as this chamber lies silent, still, we pray for hope. >> reporter: without agreement soon, nearly everybody takes a hit. a schoolteacher with two kids and a salary of $43,000, for example, will face a tax hike of more than $3,000. members of congress helped get us into this mess and they'll pay, too. with incomes of $174,000, they'll pay some $7,500 more in taxes. as for the super rich? well, consider basketball phenom lebron james. he makes about $53 million. he could see his taxes go up by more than $2.4 million next year alone. and it's not just taxes. on january 1st, unemployment benefits expire for some 2 million people. and we've just learned the president will
. >> reporter: vice president biden made a rare appearance in the senate, not to negotiate -- >> i do. >> congratulations, senator. >> reporter: but to swear in a new democratic senator from hawaii. a vote the white house will need if the senate ever gets around to voting on a plan to avert the fiscal cliff. in the house, even less going on. the only hopeful words, from the house chaplain, looking for some divine help. >> as this chamber lies silent, still, we pray...
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vp joe biden went to capitol hill after a deal was struck at the white house. the senate went back into session, and around 2:00 a.m. the vote was in. >> the amendment is passed. >> in an 89-8 vote, the measure was approved for two months and keeps bush tax cuts for individuals earning less than $400,000 and couples earning less than $250,000. it was to protect middle class families. >> middle class families will take up today to the assurance their taxes won't go up $2,200 each. they will decide how they want to pay for groceries, rent next year. >> mitch mcconnell said republicans agreed to the measure rather than let the middle class suffer. >> we don't think taxes should be going up on anyone, but we all knew if we did nothing, they would be going up on everyone today. we weren't going to let that happen. >> the house reconvenes today at noon and is expected to take up the measure at this time. i'm ed payne reporting. >>> doctors are streeting secretary of state hillary clinton for a blood clot that formed in her head. they're confident she'll make a full r
vp joe biden went to capitol hill after a deal was struck at the white house. the senate went back into session, and around 2:00 a.m. the vote was in. >> the amendment is passed. >> in an 89-8 vote, the measure was approved for two months and keeps bush tax cuts for individuals earning less than $400,000 and couples earning less than $250,000. it was to protect middle class families. >> middle class families will take up today to the assurance their taxes won't go up $2,200...
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. >>> reporter: vice president joe biden is in on the negotiations. mitch mcconnell asked him to help out after talks stalled. with hours to go it's hard to tell if lawmakers will be able to agree to a watered down deal. lawmakers left the capital sunday night without a deal in place. but leaders from both parties expressed their willingness to continue working. >> there's still significant difference between the two sides but negotiations continue. >> he want everyone to know i'm willing to get it done but i need a dance partner. >> reporter: some progress was made sunday when republicans dropped a proposal to slow social security growth but the main sticking point between democrats and republicans continues to be over the threshold of tax increases. president obama campaigned on raising taxes on income over $250,000. while many congressional republicans have pushed back against any tax increases. president obama is placing the blame for the impasse on the gop. >> they say that their biggest priority is making sure that we deal with the deficit in a
. >>> reporter: vice president joe biden is in on the negotiations. mitch mcconnell asked him to help out after talks stalled. with hours to go it's hard to tell if lawmakers will be able to agree to a watered down deal. lawmakers left the capital sunday night without a deal in place. but leaders from both parties expressed their willingness to continue working. >> there's still significant difference between the two sides but negotiations continue. >> he want everyone to...
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vice president biden was on the hill. biden and senate republican leader, mitch mcconnell, they both worthed together very closely to work out -- worked together to work out this compromise. and we now know that individuals making more than 400,000 and families making more than $450,000 will see their taxes go up. and while those automatic spending cuts are delayed until the beep ginning of march, the cost -- beginning of march, the cost of the delay, $24 billion. they will pay for that with spending cuts and new revenue that will all offset the -- the cost of delay. 89-8 an overwhelming vote. one other piece of information we also know that vice president biden will be back on the hill. he will be meeting with house democrats as they try to move forward and see what they are gonna do with this fiscal cliff package. tori, back to you. >> all right, rene marsh, live in washington, d.c. >>> now, the senate vote also avoids the so-called dairy cliff that ectends parts of an expired farm hill that prevents provisions to incre
vice president biden was on the hill. biden and senate republican leader, mitch mcconnell, they both worthed together very closely to work out -- worked together to work out this compromise. and we now know that individuals making more than 400,000 and families making more than $450,000 will see their taxes go up. and while those automatic spending cuts are delayed until the beep ginning of march, the cost -- beginning of march, the cost of the delay, $24 billion. they will pay for that with...
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Dec 31, 2012
12/12
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KRON
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. >> vice president joe biden is apparently that person for which mcconnell. >> the two are taking over talks. if nothing is resolved by midnight tonight. tax breaks for all americans will increase. democrats say it will mean about $2,000 for the average middle class family. >> a michigan woman said to me that is a month worth of groceries. also gets up to three years transportation to and from work. >> democrats want taxes to increase for americans earning over to london $50,000. republicans want texas a the same period >> republicans want taxes to stay the same period >> i offered over a trillion dollars in additional spending cuts so that we would have $2 of spending cuts for every $1 of increased revenue. >> the senate reconvenes at 11:00 a.m. so as americans celebrate the beginning of 2013 they may wake up wishing it was 2012 when they had more money in their pockets. >> i am andrew spencer reporting. >> secretary of state hillary clinton was hospitalized with a blood clot. >> doctors say this is a medical problem related to a concussion she recently suffered. >> blood clot was fou
. >> vice president joe biden is apparently that person for which mcconnell. >> the two are taking over talks. if nothing is resolved by midnight tonight. tax breaks for all americans will increase. democrats say it will mean about $2,000 for the average middle class family. >> a michigan woman said to me that is a month worth of groceries. also gets up to three years transportation to and from work. >> democrats want taxes to increase for americans earning over to...
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Dec 31, 2012
12/12
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KGO
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. >> mitch mcconnell frustrated with the lack of progress called vice president biden in for help. biden is now said to be playing a direct role. >> there is no single issue that remains an impossible sticking point. the sticking point appears to be a willingness or interest or want to close the deal. >> drastic spending cuts will go into affect and taxes go up for everyone. the tax impact for the average american family is more than $3400. senate leaders continue to work on the stop gap bill. the sticking points remain. >> there is still significant distance between the two sides. negotiations continue. >> negotiations will continue through the night. now with just hours to go until the deadline. abc news, washington. >>> as the government teeters on the edge of the fiscal cliff, you might want to change your tax strategy. coming up at 11:35, advice from 7 on your side's michael finney. >>> the leaders in the house and the senate did agree on something today. they extended the 2008 farm bill for one more year. that bill expired in october. milk prices could have doubled to $7 a ga
. >> mitch mcconnell frustrated with the lack of progress called vice president biden in for help. biden is now said to be playing a direct role. >> there is no single issue that remains an impossible sticking point. the sticking point appears to be a willingness or interest or want to close the deal. >> drastic spending cuts will go into affect and taxes go up for everyone. the tax impact for the average american family is more than $3400. senate leaders continue to work on...
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Dec 31, 2012
12/12
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KTVU
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at that point, joe biden and mitch mcconnell took over negotiations. the two worked together in the senate for 23 years and have a strong history of finding compromise. >> i think there's some good news. the conversations continued late into the night last night. i think now there is a better than 50/50 chance that we will avoid the fiscal cliff by midnight tonight. >> reporter: if the senate comes one a plan and passes it, the -- comes up with a plan and passes, it the house would have to vote on it. kyla campbell, ktvu channel 2 news. >>> 7:16. even if congress avoids the flip, your paycheck will still be smaller in 2013. that's because a temperature reduction in the social security payroll tax expires today. starting in january, workers will, once again, have 6.2% of their wages withheld to pay for social security. that's up from the 4.2% rate that's been in effect for the past two years. people making $50,000 will get about $83 a month less in their paychecks. >>> 7:16. a new report from the u.s. senate on the attack on the u.s. consue rit in -- on
at that point, joe biden and mitch mcconnell took over negotiations. the two worked together in the senate for 23 years and have a strong history of finding compromise. >> i think there's some good news. the conversations continued late into the night last night. i think now there is a better than 50/50 chance that we will avoid the fiscal cliff by midnight tonight. >> reporter: if the senate comes one a plan and passes it, the -- comes up with a plan and passes, it the house would...
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Jan 1, 2013
01/13
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CSPAN
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vice-president joe biden was meeting with democrats tonight. we will hear from president we will hear from president obama about
vice-president joe biden was meeting with democrats tonight. we will hear from president we will hear from president obama about
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Dec 31, 2012
12/12
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KGO
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. >> mitch mcconnell frustrated with the lack of progress called vice president biden in for help. biden is now said to be playing a direct role. >> there is no single issue that remains an impossible sticking point. the sticking point appears to be a willingness or interest or want to close the deal. >> drastic spending cuts will go into affect and taxes go up for everyone. the tax impact for the average american family is more than $3400. senate leaders continue to work on the stop gap bill. the sticking points remain. >> there is still significant distance between the two sides. negotiations continue. >> negotiations will continue through the night. now with just hours to go until the deadline. abc news, washington. >>> as the government teeters on the edge of the fiscal cliff, you might want to change your tax strategy. coming up at 11:35, advice from 7 on your side's michael finney. ders in the hte did agree on something today. they extended the 2008 farm bill for one more year. that bill expired in october. milk prices could have doubled to $7 a gallon next month if lawmakers
. >> mitch mcconnell frustrated with the lack of progress called vice president biden in for help. biden is now said to be playing a direct role. >> there is no single issue that remains an impossible sticking point. the sticking point appears to be a willingness or interest or want to close the deal. >> drastic spending cuts will go into affect and taxes go up for everyone. the tax impact for the average american family is more than $3400. senate leaders continue to work on...
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Jan 1, 2013
01/13
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KPIX
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vice president biden and mcconnell ultimately worked out a deal. and the house is in a situation now where it's take it or leave it. we're going to be taking it. basically, we have been marking time for the last three or four days in the house as i think most people know, there was a total breakdown in the house of representatives before christmas. speaker boehner proposed his plan b. that did not get support in his own caucus and he simply sent us home for the christmas holiday. we came back on saturday and sunday and basically marked time taking up a few simple bills that were of little note with one exception. yesterday we did pass the intelligence bill which is very, very important to the united states but aside from that, it's been marking time waiting for the senate to do it. the senate did it late -- i guess early this morning and now the house will take it up around noontime here in washington, d.c. i think it will pass. we'll go forward and with the new congress coming in on the 3rd of january, we'll begin once again to deal with the remai
vice president biden and mcconnell ultimately worked out a deal. and the house is in a situation now where it's take it or leave it. we're going to be taking it. basically, we have been marking time for the last three or four days in the house as i think most people know, there was a total breakdown in the house of representatives before christmas. speaker boehner proposed his plan b. that did not get support in his own caucus and he simply sent us home for the christmas holiday. we came back...
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Dec 31, 2012
12/12
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KTVU
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new mitch mcconnell is negotiating with vice president joe biden. if political leaders can not come up with a plan by midnight tonight tax rates for all americans will increase. >> if there is an ultimate compromise, there will be parts of it i find disgusting and rep hencable which i may have to swallow in the name of finding a compromise. >> reporter: how will this effect you come tomorrow morning? if there is not a deal reach there won't be a drastic change in your next paychecks. if this plays out long-term the average american middle class family stands to lose out on $2,000 to $3,000 over the next year due to the increased taxes. live in washington kyla campbell ktvu channel 2 news. >>> 5:14 meanwhile with all the focus on the fiscal cliff a new bill to prevent the so-called dairy cliff is sitting on the back burner. leaders agreed to a one-year extension of the expiring u.s. farm bill. so far there is no house vote scheduled without passage of the bill milk prices could double next month. estimates are a gallon of milk could go up to $8 a gal
new mitch mcconnell is negotiating with vice president joe biden. if political leaders can not come up with a plan by midnight tonight tax rates for all americans will increase. >> if there is an ultimate compromise, there will be parts of it i find disgusting and rep hencable which i may have to swallow in the name of finding a compromise. >> reporter: how will this effect you come tomorrow morning? if there is not a deal reach there won't be a drastic change in your next...
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Dec 31, 2012
12/12
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KTVU
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senate republican leader mitch mcconnell started negotiating with vice president joe biden yesterday. the two worked together in in the senate for more than 20 years. if they can come up with terms that pass the senate house speaker john boehner says they will take up the bill and either pass it or amend it and send it back for approval. >> any time you are putting a deal together, it's always the details that will kill you. you have to get the details done. there is a lot of back room operation going on right now. making sure all the i's get dotted and t's get crossed. >> congress has less than 15 hours to come up with a compromise and sweet on it. live in washington kyla campbell. >>> meantime with all the focus on that fiscal cliff there is a new bill to preconvenient the so-called dairy cliff on the back burner. leaders in the house and senate agricultural committees agreed to a one-year extension of the expiring u.s. farm bill. so far no house vote is scheduled. without matting that bill, the price of milk could double next month. estimates are ha gallon of milk could go up to $8
senate republican leader mitch mcconnell started negotiating with vice president joe biden yesterday. the two worked together in in the senate for more than 20 years. if they can come up with terms that pass the senate house speaker john boehner says they will take up the bill and either pass it or amend it and send it back for approval. >> any time you are putting a deal together, it's always the details that will kill you. you have to get the details done. there is a lot of back room...
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Jan 1, 2013
01/13
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CSPAN
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republicans have reached an agreement joe biden is on capitol hill. we saw the vice president with harry reid. we will bring you more of this tonight. more now from the world in 2013 for somum. the discussion contains language some viewers might find objectionable. >> we are going to shift gears a bit. i took my tie off the war earlier this morning. first, there is wifi here. you should log on to the nyu guest account. user name is guest131. password is right there for you. we will talk about the use of social media. it has been on everyone's lips the last couple of years. we have wonderful guests that are known for their engagement with their audience. i predict we are going to hear a little bit of criticism and push back on some of the wisdom of social media. first we will hear from the author of public parks. we also have the author of what will google do. he is an associate professor for journalism. give us your prediction. thanks. >> predictions are necessarily bullshit. the social media is bullshit. i don't agree with everything in that book, bu
republicans have reached an agreement joe biden is on capitol hill. we saw the vice president with harry reid. we will bring you more of this tonight. more now from the world in 2013 for somum. the discussion contains language some viewers might find objectionable. >> we are going to shift gears a bit. i took my tie off the war earlier this morning. first, there is wifi here. you should log on to the nyu guest account. user name is guest131. password is right there for you. we will talk...